The home depot announces receipt of clearance from the canadian competition bureau for acquisition of gms inc.

Atlanta , aug. 29, 2025 /prnewswire/ -- the home depot ® announced today that it has received clearance from the canadian competition bureau, in the form of a no action letter, in connection with the home depot's previously announced tender offer to purchase, through its wholly owned subsidiary gold acquisition sub, inc. ("purchaser") and subject to certain conditions, all of the outstanding shares of common stock of gms (the "shares"), at a price of $110.00 per share in cash, without interest and subject to any required withholding of taxes. the no action letter from the canadian competition bureau satisfies the remaining antitrust law-related condition necessary for the consummation of the tender offer and the transactions under the previously announced merger agreement, dated june 29, 2025, by and among the home depot, purchaser and gms (the "merger agreement").
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